Eltek Ltd. Secures $3.5M in New Purchase Orders

Ticker: ELTK · Form: 6-K · Filed: Aug 27, 2024 · CIK: 1024672

Eltek Ltd 6-K Filing Summary
FieldDetail
CompanyEltek Ltd (ELTK)
Form Type6-K
Filed DateAug 27, 2024
Risk Levellow
Pages1
Reading Time1 min
Key Dollar Amounts$3.5 million
Sentimentbullish

Sentiment: bullish

Topics: purchase-order, manufacturing, revenue

TL;DR

Eltek just landed $3.5M in new orders for PCBs, good news for revenue!

AI Summary

Eltek Ltd. announced on August 27, 2024, that it has received new purchase orders totaling $3.5 million. These orders are for the company's advanced printed circuit boards and are expected to be fulfilled within the next 12 months. This influx of orders is a positive development for the company's revenue stream.

Why It Matters

This $3.5 million in new orders indicates continued demand for Eltek's products, potentially boosting revenue and demonstrating market confidence in the company's manufacturing capabilities.

Risk Assessment

Risk Level: low — The filing is a routine 6-K report announcing new purchase orders, which is generally a positive but not a high-impact event.

Key Numbers

  • $3.5M — Purchase Orders (Represents new business secured by Eltek Ltd.)

Key Players & Entities

  • Eltek Ltd. (company) — Registrant and recipient of purchase orders
  • $3.5 million (dollar_amount) — Total value of new purchase orders
  • August 2024 (date) — Reporting period for the Form 6-K
  • August 27, 2024 (date) — Date of the press release and filing

FAQ

What is the total value of the new purchase orders announced by Eltek Ltd.?

Eltek Ltd. announced new purchase orders totaling $3.5 million.

When was this Form 6-K filed?

This Form 6-K was filed on August 27, 2024.

What type of products are these purchase orders for?

The purchase orders are for the company's advanced printed circuit boards.

What is the expected fulfillment timeframe for these orders?

The orders are expected to be fulfilled within the next 12 months.

Into which of Eltek's existing registration statements is this Form 6-K being incorporated?

This Form 6-K is being incorporated by reference into Eltek's Form S-8 Registration Statements File Nos. 333-123559 and 333-130611.

Filing Stats: 180 words · 1 min read · ~1 pages · Grade level 8.8 · Accepted 2024-08-27 08:35:15

Key Financial Figures

  • $3.5 million — Eltek receives purchase orders totaling $3.5 million. Signature Pursuant to the requiremen

Filing Documents

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission file number 000-28884 Eltek Ltd. (Name of Registrant) Sgoola Industrial Zone, Petach-Tikva, Israel (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F This Form 6-K is being incorporated by reference into the Registrant's Form S-8 Registration Statements File Nos. 333-123559 and 333-130611. Eltek Ltd. EXPLANATORY NOTE The following exhibit is attached: 99.1. Press Release: Eltek receives purchase orders totaling $3.5 million. Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. Eltek Ltd. (Registrant) By: /s/Ron Freund Ron Freund Chief Financial Officer Dated: August 27, 2024 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 Press Release: Eltek receives purchase orders totaling $3.5 million.

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